Copper King Mining Corporation fka CPRKQ

[just-the-facts]

My understanding of the floatation process is the consentrate contains all the metals except magnatite which is pulled out with huge magnet separators after the milling/grinding but before its treating w liquids. I will check to see if the copper can somehow be separated so the other metals can be sold now.

As far as size of financing, in June they announced $100m in rev bonds that obviously OSC didn't fund but the bonds are still valid so my feeling is they will still try to finance $100m. If funded, they would pay off bridge loans and all ST debt, purchase additional mining equipment; fund the SX-EW plant and probably have $25-$40m left for "other" items. They also mentioned a re-purchase of stock recently... now that might be interesting!! However, all contingent on securing the dough... if they pull that off in this environment then WOWSIE!!! IMO, it wouldn't surprise me if they did considering what they've done so far with no major financing/funding... These guys really haved done an incredible job considering everything going against us.



jtf